**“Operational Control”** has the same meaning given the term in Section 1.1 of the FARs. 


**“Parts”** means all appliances, components, parts, instruments, appurtenances, accessories, furnishings or other equipment
of whatever nature (other than complete Engines or engines) which may from time to time be incorporated or installed in or attached to the Airframe or any Engine and includes replacement parts. 


**“Pilot in Command”** has the same meaning given the term in Section 1.1 of the FARs. 


**“Rent Payment Date”** means the last Business Day of each calendar month. 


**“Schedule Keeper”** means the person designated by Lessor to coordinate the scheduling of the Aircraft. 


**“Taxes”** means all sales taxes, use taxes, retailer taxes, duties, fees, excise taxes (including, without limitation,
federal transportation excise taxes), or other taxes of any kind which may be assessed or levied by any Taxing Jurisdiction as a result of the lease of the Aircraft to Lessee, or the use of the Aircraft by Lessee. 


**“Taxing Jurisdictions”** means any federal, state, county, local, airport, district, foreign, or other governmental
authority that imposes Taxes. 

 **“Term**” means the term of this Agreement set forth in Section 3.1.



 

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